H&R Block, Inc. $HRB Shares Sold by KBC Group NV

KBC Group NV lowered its position in shares of H&R Block, Inc. (NYSE:HRB) by 41.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,387 shares of the company’s stock after selling 2,393 shares during the quarter. KBC Group NV’s holdings in H&R Block were worth $186,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HRB. SVB Wealth LLC bought a new stake in shares of H&R Block in the 1st quarter valued at approximately $26,000. Brooklyn Investment Group boosted its holdings in H&R Block by 72.1% in the first quarter. Brooklyn Investment Group now owns 513 shares of the company’s stock worth $28,000 after purchasing an additional 215 shares during the period. Signaturefd LLC boosted its holdings in H&R Block by 40.0% in the second quarter. Signaturefd LLC now owns 651 shares of the company’s stock worth $36,000 after purchasing an additional 186 shares during the period. Bogart Wealth LLC increased its stake in H&R Block by 30.0% during the second quarter. Bogart Wealth LLC now owns 866 shares of the company’s stock valued at $48,000 after purchasing an additional 200 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of H&R Block by 31.3% during the second quarter. Assetmark Inc. now owns 1,071 shares of the company’s stock worth $59,000 after purchasing an additional 255 shares during the period. Institutional investors own 90.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on HRB shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H&R Block in a report on Thursday, November 13th. Zacks Research downgraded H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. The Goldman Sachs Group dropped their price target on H&R Block from $54.00 to $48.00 and set a “sell” rating on the stock in a research report on Wednesday, August 13th. Finally, Barrington Research reissued an “outperform” rating and issued a $62.00 price target on shares of H&R Block in a report on Monday, October 27th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $55.00.

H&R Block Price Performance

NYSE HRB opened at $44.46 on Thursday. The company has a 50-day moving average price of $49.97 and a two-hundred day moving average price of $53.25. H&R Block, Inc. has a 52 week low of $43.11 and a 52 week high of $64.62. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 9.95, a price-to-earnings-growth ratio of 0.82 and a beta of 0.32. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 12.86.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.40) by $0.20. H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.The company had revenue of $203.55 million for the quarter, compared to analysts’ expectations of $200.13 million. During the same quarter in the previous year, the company posted ($1.17) earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, December 4th. H&R Block’s dividend payout ratio (DPR) is 37.75%.

Insider Activity at H&R Block

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of H&R Block stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the sale, the chief executive officer directly owned 906,313 shares in the company, valued at $42,107,301.98. The trade was a 16.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.40% of the company’s stock.

About H&R Block

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.